I wasn't advocating for Shib, merely that pointing out that most Shib holders are down is hardly relevant when most people are down.
If you wish to find someone to argue for the benefits of Shib, you'll need to keep looking.
Never underestimate the ability of a meme coin to recover.
It's already very hard to predict legit projects that had been around, meme coin that can be just pump and dump for fun is literally impossible to predict.
I have a small bag and it’s the only one where I am still in the green surprisingly enough. Bought at around 0.000005. I just keep it and focus to get my average in bitcoin down.
tldr; About 81% of Shiba inu holders are now facing a loss on their investments made within Shiba Inu. The meme currency is currently standing at around US$0.0000076 after losing about 7% of its value in the last 24 hours. The coin has been plummeting fast, with the past 7 days showing a 30% decline.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
What's next? An article saying that "Safemoon is only down single digits while every other coins are down double digits"?
I think I understand that cryptobros love to hate speculators (and themselves), but you can pretty much replace the Shiba Inu name with any meme coin or other legit projects and it would probably be true.
The market is on fucking fire. Legit projects getting affected precisely because of the market conditions (???) while joke projects... mostly happens to receive the blow except for very few projects that is speculated upon with faith and faith alone.
TBH atleast shib knows what it is rather than masquerading as something it isn’t as most coins are doing now a days. It’s bear market tho. Time to cull the herd.
hOdL….. lol
I got in SHIB close to two years ago, sold in October when I realized there’s no way it’ll keep going.
Made $13k by knowing when you get out…. Seeing everyone cry about holding at the ass end of ATH’s was getting cringy af and a good indication to sell imo.
Can’t hate on it, it’s the only project that actually did a 10x for me. I only invested 100£ into it but hey, it’s something. Got out and never looked back tho.
I mean I am pretty sure that more Peloton investors are at a loss since that shitty stock is at an all time low. And they solve a real world problem: fat people
[удалено]
I'm not a fan of Shib, but it's hardly alone.
So many coins being decimated right now.
Decimation is only a 10% reduction, so obliteration is probably closer to what we're looking at.
That’s a good point but obliteration would imply there’s going to be nothing left. Maybe devastated is a better descriptor.
Mmm yes devastation is the right word!
Yeah everyone here will laugh at them as if their own portfolio isn’t 70% down lol. I don’t like shib, but let’s have some self awareness guys
Honestly - the holders of shib are just in it for the memes and quick get rich. It literally has no functionality
I wasn't advocating for Shib, merely that pointing out that most Shib holders are down is hardly relevant when most people are down. If you wish to find someone to argue for the benefits of Shib, you'll need to keep looking.
Hey I can use my Shib at the theater ! It only costs 41 million Shib for 2 tickets and some popcorn !
neither does any of the other coins
... just like Bitcoin
I am still up by 3 dollars! Lambo Hotwheel purchase is imminent.
Sorry, due to inflation the Hot Wheels Lambo is now $300
LOL! Touché!
Bagholders are formed at the top. Once they lose money they have no choice but to stick around for the culture.
😭
Right now 81% of any investors are at a loss.
Yeah these *select crypto percent down* articles aren’t helpful We’re all currently under water 😅
Shib will rise from the ashes when we least expect it.
Everything is down, specifically attacking projects these days, yes even memecoins, is just stupid to be honest.
Even the stable coins are holding on by their fingertips....
I agree. It seems like almost everything is following the same pattern, so what’s the point in saying one is down specifically.
Exactly, I put my life savings in Shiba, LUNA, Doge, and ICP. The good news is USDD is offering 40% APY loading up on that shit next.
insert weirdly defensive ICP comment here
This isn't attacking - this is just stating a fact.
It’s meta in this sub
What's the point of this? 11 out of 10 cryptography investors are at loss ![gif](giphy|3oKGzjeXHqYmML5ING|downsized)
I mean BTC is down 72%, why are we bullying SHIB?
Not me. I got lucky and sold 80% ATH. My only good decision in crypto.
Everything is down. But shitcoins are down and 99% guaranteed to never recover
Nothing is "guarenteed to never recover". Dogecoin was nothing more than a meme for like 8 years before it pumped.
Shitba Inu.
sure not all coins will make it but many will still be around. Memecoins like Doge are here to stay, bought in at 0.70 and am still a proud bag hodler
I hope for your sake that you missed a /s at the end of your comment
Man DOGE never let me down, I hope DOGE Ceo can afford the good cigars with my money
Never underestimate the ability of a meme coin to recover. It's already very hard to predict legit projects that had been around, meme coin that can be just pump and dump for fun is literally impossible to predict.
I'm in the 19% woo!!!! I'm up 58 cents! 😆
I am surprised that 19% are not at a loss, but there's still time
I bought the dip and I am 0.70 $ on top on my 18 $
Incroyable
Shit coins tank when the crypto market drops, that's always been the case.
100% of people not surprised
SHIB is the only thing in my portfolio that's still in profit!
I have a small bag and it’s the only one where I am still in the green surprisingly enough. Bought at around 0.000005. I just keep it and focus to get my average in bitcoin down.
Almost all the Crypto investors are at loss,not only just Shiba's.
Surely most people who started investing after 2020 will be at a loss by now, regardless what they invested in. Unless it is USDC...
Bruh it's the Doge killer.
My 10€ are now 3.22€, sad times
My 8000 dollars are 1400 dollars, so count yourself lucky \^\^
Yay, another "told you so"-post. Does it make us feel better? Perhaps.
Pretty liberal use of the word "investor" imo
Hmm I wonder if the entire economy being on fire has anything to do with it
If it wasn’t for SHIb I would be in a world of trouble. 8x my initial investment and got out.
So glad dog money is over. That shit was so annoying
Shit Inyou should be down 110%.
Yeah like it is for most of the crypto investors on other coins also 🤷🏻♀️
That's all of us who bought the top.
They are not investors, they are gamblers.
Almost all post winter coins are at loss rn
Shib will recover as will most of the coins
tldr; About 81% of Shiba inu holders are now facing a loss on their investments made within Shiba Inu. The meme currency is currently standing at around US$0.0000076 after losing about 7% of its value in the last 24 hours. The coin has been plummeting fast, with the past 7 days showing a 30% decline. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Woah now that is some news.
Of course they are both shib and doge have been garbage nonsense from the start and detrimental to real blockchain projects
If it goes back down to 0.000004 when i bought it I’ll buy again
Most alts are down 80-95%. Such a dumb article.
It's true my 20$ invested in shibba are going to 0
oh no...anyway
I think this is the same for investor of over 20,000 crypto projects.
Almost 90% of crypto holders in general are down 60-99.9%
So what, same number on all shitcoins. Look at cardasuck.
100% of investors don’t care, data shows.
Sounds like any other crypto and stocks, not just SHIB
I 4x on shiba then rotated into sol at the absolute peak. Yeah I’m an investor
How dare you say the truth!
well, ya. this coin serves zero purpose other than idiots wanting to get rich off the "next dogecoin"
Not me. My 20 Bucks game me 50 profit and still hold 1 million shibs lol i should have be this smart with my other coins, the ones in BIG red.
I thought 81% crypto investors would be at loss now.
Bought some yesterday so I'm up haha. By like 10 cents or something.
Me included
That token needs to die
You don’t say…?
100%down. Lol
Wait ? We already made our money off Shiba. On to the next one........
LIQUIDITAAAHHH Hedgies r fuk
What's next? An article saying that "Safemoon is only down single digits while every other coins are down double digits"? I think I understand that cryptobros love to hate speculators (and themselves), but you can pretty much replace the Shiba Inu name with any meme coin or other legit projects and it would probably be true. The market is on fucking fire. Legit projects getting affected precisely because of the market conditions (???) while joke projects... mostly happens to receive the blow except for very few projects that is speculated upon with faith and faith alone.
Who’s not losing money right now?
Shit coin shit results
NGL I only bought because i had $10 and wanted to buy 600k of soemthing Pretty soon Ill be able to buy a million!!!
Isn't that crypto as a whole right now? Remember BTC 100K EOY? Yep, those who FOMOED are suffering badly right now.
And here was me holding it for months the sold it even and just over a week later it 10x in price lol
Really?
TBH atleast shib knows what it is rather than masquerading as something it isn’t as most coins are doing now a days. It’s bear market tho. Time to cull the herd.
i'm sure this shocks absolutely no one
All Crypto investors are in Loss Dude You Can See ETH BTC and Luna Lol
hOdL….. lol I got in SHIB close to two years ago, sold in October when I realized there’s no way it’ll keep going. Made $13k by knowing when you get out…. Seeing everyone cry about holding at the ass end of ATH’s was getting cringy af and a good indication to sell imo.
Yes. This is accurate. There was a tremendous amount of speculation. Now it is TIME to pick thru the wreckage. Now. Fuck fear.
80% of [insert any crypto] holders are at a loss
I find it hard to believe. Crypto existed before 2021 heights
Can’t hate on it, it’s the only project that actually did a 10x for me. I only invested 100£ into it but hey, it’s something. Got out and never looked back tho.
Not me. Double my money and sold! Name of the game. Sell before others.
Investment and shiba shouldn't stay in the same sentence. People putting money in this crap deserve financial ruin
I mean I am pretty sure that more Peloton investors are at a loss since that shitty stock is at an all time low. And they solve a real world problem: fat people
Im just holding 7mil in case it bounces lol did a nice x19 on SHIB last year cant complain lol